Another of The Second Mile’s assets is being sold.
On Tuesday, documents were posted to the Centre County Court’s website that show Senior Judge William Morgan, of Warren and Forest counties, granted the now-defunct children’s charity permission to sell property on Bernel Road in Patton Township.
The order was dated Thursday, allowing the sale to Michael J. Lee for what will become the Nittany Valley Sports Centre. Lee’s purchase price for the 60-acre property, $1.05 million, comes in $140,000 above the appraised value of the land.
The Second Mile petitioned the court to allow the sale Sept. 4. The judge allowed a period for objections before granting the request.
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Morgan has played gatekeeper on the distribution of Second Mile assets, including sale of other real estate and transfer of program materials and the charity’s endowment, pending the outcome of settlements related to the Jerry Sandusky child sex abuse scandal.
Sandusky, a former Nittany Lions assistant football coach, founded the charity. Most of the reported victims have been boys who participated in Second Mile programs.
The judge ordered earlier this year that no further assets were to be distributed without approval of the court.
In the new order, Morgan specifies that proceeds from the sale are to be retained for expenses, including “settlements related to Sandusky victims’ claims, legal fees ...” and other aspects of the official closing of Second Mile doors.